Quote from: tiptopgemdotcom on January 20, 2019, 09:08:05 PM

Quote from: TrevorS on January 20, 2019, 08:52:05 PM

Quote from: isen on January 15, 2019, 07:23:10 PM

Exactly. Every investor should or trader should have a clear plan of action in case of unpredictable events in the market. If a panic sale begins, you should have a strategy for how you will act and what to do.

Even with such a plan, it is not always possible to take advantage of the situation. The market is sometimes unpredictable, and it is easy to make a mistake during panic sales.

Panic selling causes more pressure on market and emotions drain the energy of market with help of downtrend. Mistakes are expected during price flash-crash and traders act on their ability in order to avoid loss.

It can give a flash dump just in a few minutes. this is so easy to be happened. Most of traders are following it to avoid the big loss caused by that bearish trend. they must deeply understand about that.